Price Prediction

Swipe Price Prediction : Will SXP Price hit $10 by the end of 2021?

Written by: Elena R

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Dec 23, 2021

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The radical growth of the crypto space over the years has given rise to the evolution of many advanced crypto projects which thrive to expand crypto to the mainstream. Swipe has been one of them whose core goal is to connect to the world’s largest payment platform Visa through its Swipe API. 

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SXP is the prominent cryptocurrency that powers The Swipe Wallet. It functions on other services like savings accounts and credit cards. However, Swipe price has experienced unusual volatility right through the year. 

Do you know? Swipe offers a host of cryptocurrency services such as multicurrency wallets, crypto debit cards, and many more.

In this article, let us try to understand in depth the Swipe price prediction for 2021 and beyond. In the end, all your thoughts will be clarified and you will have a clear picture of whether SXP is a good investment.

Overview

Cryptocurrency Swipe
TokenSXP
Price$ 1.3200
Market cap$ 255,934,349.0000
Circulating Supply$ 0.0000
Trading Volume$ 0.0000
All Time High$ 5.7900     May 3, 2021
All Time Low$ 0.1613     March 18, 2020

What is Swipe (SXP)? 

Swipe thrives to bridge the gap between the fiat and cryptocurrency worlds with its API that is built to generate payment cards backed by its native SXP token. The ecosystem facilitates to build, management, and distribution of payment cards. 

Swipe connects and is collaborated with many payment networks to allow reputed businesses to quickly develop cryptocurrency to fiat funded card payment solutions. In addition, it has its own native token called SXP. The token enables access to users to pay transaction fees on the network. 

Swipe ( SXP) Fundamental Analysis:

Swipe Token is a utility-based cryptocurrency that originated to be the gas and fuel of the Swipe network. It is a Decentralized Finance platform that enables cryptocurrency financial products powered by SXP. Swipe provides a variety of products and services to its users. Swipe’s multi-asset DeFi app allows the users to convert between cryptocurrencies, fiat currencies, and stable coins. The Swipe token runs on the Ethereum network. It was founded by Joselito Lizarondo.

SXP Price Prediction 2021 

SXP continued to trade at $0.74 during the start of January 2021. The price since then kept the bullish momentum intact and surged above $3 and eventually surpassed $5 in mid-April and suffered a plunge.

 With certain inbound developments, the token is anticipated to rise. It may trade between $3.5 and $6.5 for several months with an increase in the user base. Swipe might fall around the $1.5 mark if the bears drag the prices for a long time. By the end of 2021, SXP might be exchanged at the $5 to $8 mark.

SXP Price Prediction 2022

2022  Q1: SXP price might initiate the yearly 2022 for $2.5. The coin may reach newer heights if it grabs the attention of people and investors and concentrates on the enhancement of its platform. With commencement in the bull cycle, the altcoin would reach a maximum of $6.28 and would correct to $4.65 by the end of Q1. If bearish sentiment encompasses the altcoin, then it would end up trading at $2.52 in the first 3 months of Q1. 

The asset is intended to undergo heavy fluctuations the rest of the year. As a whole, the asset would reach a maximum of $10 but it would correct at local lows and end up trading at $6.45 by the end of 2022. 

Price Prediction For The Next 5 Years

In 5 years, SXP is anticipated to be in the top 100 cryptocurrencies list. Certain partnerships and developments may result in the growth of the platform and user base. The price may grow more if the market focuses on investing in SXP. Swipe may decline to $7.5 if it faces many hurdles in the space. By the end of 5 years, the Swipe coin might trade around the $20 mark.

Market Prediction For Swipe

Walletinvestor:

According to the wallet investor, they believe the SXP price might rule the crypto space and may easily hit a maximum of  $3.710. The minimum price is $1.783 and the average price would be $2.738 by the end of 2022. They anticipate that the price may hit the milestone of $6.621, the average Swipe price is expected to smash $5.645. On a bearish note, the token would plummet to $4.629. 

Gov.Capital:

Gov. capital has revised their prediction for the  Swipe price, they expect tokens to hit a maximum of $6.0651. On the contrary, they believe, trend reversals in the market would plummet the price to $5.274. And with average buy and sell pressures it would end up trading at $4.4829 by 2022. The website has also made a whopping prediction in the long term, they expect the price to surge maximum of $29.606. The average and minimum probabilities is being $25.745 & $21.88 respectively by the end of 2025. 

CoinArbitrage

According to CoinArbitrage, Swipe’s price could be $1.85714 at the end of 2021. In the next three years, Swipe could reach as high as $13.2903 and as low as $1.14771.

DigitalCoinPrice:

According to Digitalcoinprice, the SXP  price would trade at $2.57 by 2022 and might reach $3.05 by the end of 2025.

Our SXP Price Prediction:

Swipe Price could reach newer heights if the bears fail to hold the market for a longer period. Some collaborations with certain projects might lead to the growth of price as well as market capitalization. 

As per Coinpedia formulated SXP predictions, the price might drop to as low as $2.5 if it comes across certain turbulences by the end of 2022, SXP Price might be exchanged at a maximum of $6.5 and could reach $30 in the future.

YearPotential HighPotential Low
2022$6.8$2.23
2023$10.25$4.86
2025$16.763$8.71

Also Read: Enjin Coin Price Prediction: Will ENJ Price Reach $10 By The End Of 2021?

Historical market Sentiments

2019

SXP entered the crypto sphere on 27 August 2019 with a price of $0.24 according to Coinmarketcap. Significantly, the price started to rise and hit the $1.35 mark by the end of September. Effectively, the price surged to $2.12 at the end of October and shockingly sank to $1.09 by early November. With certain variations, SXP managed to be at the stable level and traded at a price between $1.12 and $1.33 throughout November. Swipe coin traded at a price of $1.07 in December to end the year 2019.

2020

With a steady recovery, the token continued to trade at $1.32 during the start of January 2020. Later the price started to vary and dramatically the coin swelled to $2.00 by the end of January as the bulls pulled over the market and further failed to be in the resistance level by plunging to $0.91 at the end of February.

 Later, the token started to decline as the bears were held into dragging the prices. As a result, SXP dropped to $0.17 desperately by mid-March and further started to variate. Tremendously, the bears held the market for a longer time, and the coin traded between $0.35 and $0.62 till mid-July.

Effectively, the bulls started to pour the prices up and the Swipe started to grow after. The token reclaimed its resistance level by hitting $2.11 and failed to be stable as it plunged further to $1.55 by the end of July. Interestingly, the Swipe token drastically surged to $5.02 by mid-August to hit an All-Time High by breaking the previous price records. Later with certain price swings, SXP declined to $2.98 by the end of August.

Further, the price consistently started to fall due to the massive supply pressure, and tokens traded at the range between $0.74 and $1.72 until early November. The altcoin recovered to $1.16 by the end of November due to the expansion of Bitcoin’s price rally. However the coin failed to maintain the momentum, and the price dropped to $0.65 by the end of December 2020.

Also Read: Cardano Price Prediction: Will ADA Price Reach $10 in 2021?

FAQ

Is Swipe providing a safer wallet?

Swipe’s wallet is completely safe and secure for the transactions.

Is Swipe an ERC-20 token?

Yes, Swipe is an ERC-20 token as it works on the Ethereum blockchain.

Can Swipe be mined?

Swipe can be mined as it runs on the Ethereum blockchain.

Is Swipe processes international transactions?

Swipe SXP allows its users to make international transactions.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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